ACE Appoints Andrew McBride to Lead International Claims Operations; Peter Murray’s Role Expands to Include International Casualty Claims

NEW YORK--(BUSINESS WIRE)--The ACE Group today announced the appointment of Andrew McBride as Executive Vice President, Claims, for its international businesses, effective today. In this role, Mr. McBride will be responsible for the company’s claims operations supporting its property and casualty and accident and health insurance businesses in 50 countries in the Asia Pacific and Japan; Latin America; and Europe, Middle East and Africa (EMEA) regions. He will be based in New York and will report to John Keogh, Vice Chairman and Chief Operating Officer, ACE Limited, and Chairman, ACE Overseas General, and Frank Lattal, Chief Claims Officer, ACE Group. Mr. McBride will succeed Roger Day, who will retire from the company at the end of 2012.

In addition, Peter Murray, who currently leads the claims organization for ACE’s EMEA region, will assume the additional role of Casualty Claims Executive for the company’s international operations. In this expanded role, Mr. Murray will work with regional claims management to create and oversee strategies to handle major casualty, professional lines and other third-party liability claims. He will continue to be based in London and will report to Mr. McBride.

“We are pleased to have an accomplished claims executive such as Andrew join us here at ACE,” said Mr. Keogh. “With his leadership experience in international claims operations and his depth of technical expertise, Andrew is well-suited to lead the function as our businesses continue to grow and develop around the world.

“We are also extremely grateful to Roger for his dedication and contributions over 10 years of service to ACE. We wish him the best in his retirement.

“In addition, we are fortunate to have the opportunity to expand Peter’s scope to leverage his complex casualty claims expertise across our international operations.”

With 25 years of claims experience primarily based in London, Mr. McBride joins ACE from QBE, where he has served as Claims Director, European Operations, since 2005. Prior to that, he was Director, Head of Claims Management, at Aon from 2002 to 2005, and held a range of senior claims and operations positions with the AXA and Guardian Royal Exchange Groups, where he began his insurance career in 1987. Mr. McBride is a Chartered Insurer and holds a Bachelor of Laws (Hons) degree from the University of Leicester in Leicester, England.

With 35 years of claims experience in London, Mr. Murray has served as Claims Director for ACE’s EMEA operations and Senior Vice President, Claims, for ACE’s international operations. Prior to joining ACE in 1999, he held several technical and management claims roles over a 22-year career with Lloyd’s. Mr. Murray is a Chartered Insurance Practitioner.

The ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com.

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Contact:

The ACE Group
Stephen M. Wasdick, (212) 827-4444
stephen.wasdick@acegroup.com